Stingray Group (RAY-A.TO)

Net assets on the balance sheet as of September 2024 : NZ$0.33 Billion

According to Stingray Group's latest financial reports the company has NZ$0.33 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Stingray Group - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2024-03-31	$NZ$0.30 B	-8.89%
2023-03-31	$NZ$0.33 B	7.41%
2022-03-31	$NZ$0.31 B	1%
2021-03-31	$NZ$0.31 B	-3.16%
2020-03-31	$NZ$0.32 B	1.51%
2019-03-31	$NZ$0.31 B	128.39%
2018-03-31	$NZ$0.13 B	36.35%
2017-03-31	$NZ$0.10 B	0.77%
2016-03-31	$NZ$0.10 B	-637.66%
2015-03-31	$-NZ$18.77 Million

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Stingray Group (RAY-A.TO) - Net assets